The company explained that its AI-powered age-assurance technology is part of its commitment to continue promoting safer, age-appropriate experiences for young people on Facebook, Instagram, and all its other platforms.
On Techpoint Digest, we discuss Fincra's entry into Ghana's payments market, the rise of ghost restaurants in Lagos, and Nigeria’s telcos recovering ₦2 trillion.
The inaugural iGaming AFRIKA Summit opened in Nairobi on Monday, bringing together regulators, operators, investors and technology firms to discuss the future of Africa’s fast-growing gaming industry. Held at the Sarit Expo Centre, the three-day event runs from May 4–6 and is focused on opportunitie
OPay Digital Services Ltd. has hired Citigroup, Deutsche Bank and JPMorgan Chase to work on a potential U.S. initial public offering that could value the Nigerian fintech at about $4 billion, people familiar with the matter said. The listing could take place later in 2026, the sources said, cautioni
Nigerian credit management startup Bfree has raised $3.1 million from undisclosed investors to scale its artificial intelligence-powered platform for recovering and restructuring defaulted digital loans across Africa. The fresh funding comes after a $2.95 million equity round in 2024 led by Capria V
Zenith Bank Plc has announced a leadership transition with the appointment of Mustafa Bello as its new Group Chairman, following the retirement of its founder, Jim Ovia. The development was disclosed on Tuesday, as Ovia formally stepped down after completing the maximum 12-year tenure allowed for no
The Vice President, Fintech Association of Nigeria (FintechNGR), Dr. Jameelah Sharrieff-Ayedun, has called for a shift in Nigeria’s digital finance conversation from transaction volume to fairness, stressing that the future of the country’s financial system depends not merely on payment speed, but o
In today's edition: Nedbank gives deadline for share tender || SA regulator probes MultiChoice, Altech over 2014 deal || GlobalCorp, Egyptian finance company, for sale || Egypt aims to make 15 million phones in 2026
OmniOne is the company’s attempt to extend that infrastructure to manufacturers by turning its distribution network into a system that also delivers data visibility and financial services.
On Techpoint Digest, we discuss Alerzo quietly shutting down Singapore entities amid a legal crisis, Rwanda imposing an 18% tax on your digital life, and why a 2014 deal is haunting MultiChoice in 2026.
In today's edition: StanChart is moving to sell its East Africa headquarters || SA Home Affairs releases draft rules || Mauritania is expanding its Internet capacity || Thunes, Vodacom to tackle payments in Tanzania
Founded in 2024, JoonaPay has engaged over 10 enterprise pilots and now has more than €1 billion ($1.2 billion) in waitlisted payment volume across its pipeline.
Tosin Eniolorunda’s recent remarks on the difficulty of filling over 500 roles in his organisation have reignited an important debate about talent, education, and workforce readiness in Nigeria’s digital economy. His concerns about the country’s skills gap are valid. However, the conclusion that the
The exchange rate between the US dollar and the Nigerian naira remained relatively stable on today, Wednesday, May 6, 2026, across both official and parallel market segments, reflecting ongoing efforts to stabilise the foreign exchange market. At the official window, data from the Nigerian Foreign E
Arista Networks and partners say improved networking solutions can reduce data centre power consumption by up to 30%, as Nigeria’s digital infrastructure demand continues to grow. The post Arista, Partners Promise 30% Power Savings for Nigeria’s Data Centres as Demand Increases appeared first on Tec
Adams Oshiomhole, the senator representing Edo North, on Tuesday called for the revocation of licences of South African companies operating in Nigeria including MTN and MultiChoice, owners of DSTV. His reasons? The Senator is not happy following renewed xenophobic attacks against Nigerians in South
FirstCap Limited, an investment banking firm, has successfully closed the ₦4.46 billion Series 1 Bond Issuance by LAPO MFB SPV Plc, reinforcing its strong leadership in Nigeria’s debt capital markets and deepening access to long‑term funding for high‑impact sectors. Acting as Lead Issuing House, Fir
